Page 67 - F6 Slide - Taxation - Lecture Day 2 Class

Cash and

property
donations

Donations (s18A)

• Allowable deduction  only to approved

Public Benefit Organisations (PBO’s)

• Ltd to 10% of taxable income

• Must receive receipt in terms of s18A

• Amount of donation not allowed as a

deduction – rolled over to next yoa